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No. It turns into a complete mess without someone that knows what they're doing to steer it. It's an upgrade to autocomplete
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No. AI does not work well enough, you still need a person to look on it and CODE. It probably never will, until AGI which probably also in my opinion will never come.
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It's a super-special AI tier that can replace developers and other grunts, yet somehow cannot replace managers and C-suite.

It can only replace whoever is not writing a fat cheque to it.

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AI is mostly garbage at creating useful abstractions. I'd feel threatened if I was a competitive programmer or IMO kid
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theres alot of denial, and people that havent taken a serious look at the ai models
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I would feel threatened if I didn't invest in learning how to best use AI
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Jevons paradox hints that the situation is not as bleak as it sounds.
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I've been in this profession for 32 years now and this is my experience. Every time coding gets easier or cheaper, the response is first to lay off developers but quickly the demand for more software spikes and they need everyone back and more than ever.

When we achieve true AGI we're truly cooked, but it won't just be software developers by definition of AGI, it will be everyone else too. But the last people in the building before they turn the lights out for good will be the software developers.

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